What is the accrued interest & how the entry will be passed
for the same
Answer / moyahabo
it is the interest which is owed by te business so it is
still outstanding at the end of financial year. Taking from
the word 'accrue' it means it is accumulated interest.
| Is This Answer Correct ? | 3 Yes | 1 No |
how to upload ledgers in excel or word document
what are the General Ledger (G L)Accounts?
Tell me what a deferred asset is and give an example?
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
IS there any duty on freight charges on import duty? If yes, what is the percentage?
WHAT IS THE DIFF BETWEEN REVENUE AND INCOME??
Outstanding bills entered under which groups in tally ?
What information do you require before you approve an invoice for payment?
Salaries and wages per general ledger is 288,000 of which 56,500 is paid in advance. Req: Prepare adjusting journal entries from the books of audrey company as of dec 31 09. (pls help me with this, I'm a bit slow but willing to learn, thanks!)
Any income which is earned in the financial year(2009-10) but received in the assessment year(2010-11) wil be taxable or not?
What are the advantages of computer accounting over paper accounting?
what is the enty for gift given to company employee by company but purchased by director of the company